Pivot: 36.20
Our preference: long positions above 36.20 with targets at 39.50 & 41.00 in extension.
Alternative scenario: below 36.20 look for further downside with 35.20 & 33.60 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
42.50
41.00
39.50
37.38 Last
36.20
35.20
33.60
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-20-2025 at 03:06 UTC+1
Price reference: 37.38 last known on 08-20-2025 at 03:06 UTC+1
Investment horizon: ST
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